North Myrtle Beach · Probate & Trust
Selling an Inherited Home in North Myrtle Beach, SC
Clear guidance for an executor or trustee selling a property, handled properly from the first step to closing.
A Note Before You Read
This page is general information about selling a home from an estate or trust in South Carolina. It is not legal advice. Who may sell, and how, depends on the will, the trust document, and the court, so please talk with the estate attorney before you act. I am a real estate professional, not a lawyer, and my part is the sale itself.
Talk Through the Estate Sale
A Beach Property That Was Rented
If the property was rented to guests, ask the estate attorney and the management company how future bookings and guest deposits are handled, who reports the gross rental receipts on the city's business license, and how the accommodations taxes owed to the city, county, and state get filed until the sale. The license will not transfer to a buyer. Meanwhile, keep the insurance in force on a vacant property, keep flood and wind and hail policies paid, and have someone check it after storms. I can be your eyes on it.
Estate Rules That Help
South Carolina's disclosure law does not apply to a transfer by a fiduciary in the course of administering a decedent's estate or a trust; the attorney confirms whether your sale qualifies. A deed of distribution passing the property to an heir under the probate code is not subject to the deed recording fee, while a sale to a buyer carries $1.85 per $500 of value, $1,850 on a $500,000 sale. If the property was the owner's legal residence and no one lives there now, ask how the 4 percent rate is affected, because other property is assessed at 6 percent.
As-Is, the Basis, and Disagreements
We compare the as-is price, the after-repair price, and the repair costs and time. For tax purposes, an inherited house generally takes a basis equal to its fair market value on the date of death, or the later alternate valuation date the personal representative chooses, according to IRS Publication 523. When heirs disagree, the estate attorney decides how it is resolved, and every heir gets the same comps from me. See what your North Myrtle Beach home is worth and selling your home in North Myrtle Beach, and call me when you are ready.
Sources
The legal and tax points above come from these sources, checked in October 2026. This is general information, not legal advice. The estate attorney and a tax professional have the final word.
- South Carolina Probate Code, Section 62-1-302, probate court jurisdiction
- South Carolina Probate Code, Section 62-3-201, venue for estate proceedings
- South Carolina Probate Code, Section 62-3-711, powers of personal representatives
- City of North Myrtle Beach, short-term rentals
- City of North Myrtle Beach, rental property quick reference
- South Carolina Code, Title 27, Chapter 50, Residential Property Condition Disclosure Act
- South Carolina Code, Title 12, Chapter 24, deed recording fee
- South Carolina Code, Title 12, Chapter 43, Section 12-43-220, assessment ratios
- IRS Publication 523, Selling Your Home
Frequently Asked Questions
Which court handles probate for a North Myrtle Beach property?
It is the probate court in the county where the owner was domiciled. For an owner who lived in Horry County, that is the Horry County Probate Court. For an owner who lived outside South Carolina, it can be a county where they owned property.
Can the estate keep renting the property until it sells?
Ask the estate attorney. If it does, someone has to handle the city's rental business license, the accommodations taxes, and the bookings, and the license will not transfer to the buyer.
Is there a deed fee if the property goes to an heir instead of being sold?
A deed of distribution to an heir under the probate code is not subject to South Carolina's deed recording fee. A sale to a buyer is.
North Myrtle Beach
What probate & trust looks like in North Myrtle Beach
The birthplace of the shag, the Cherry Grove Pier, Barefoot Landing, and Local to Coastal Realty's coastal office.
North Myrtle Beach was formed in 1968 when Cherry Grove, Windy Hill, Ocean Drive, and Crescent Beach joined together, and it is the birthplace of shag dancing, South Carolina's official state dance.
Barefoot Landing sits on the Intracoastal Waterway with more than 75 specialty shops, the House of Blues, and the Alabama Theatre, and the Cherry Grove Pier extends 985 feet into the Atlantic.
The method
How we do it in North Myrtle Beach
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